BitMine Exceeds $13 Billion in Crypto Holdings as ETH Holding Reaches New Highs

BitMine Immersion Technologies (BitMine or the Company), a Bitcoin and Ethereum Network company, has announced its crypto holdings now exceed $13.4 billion. The announcement comes after a strong week of meetings and networking at Token2049 in Singapore, where BitMine participated with industry leaders and developers. Notably, they’ve achieved over 2.83 million ETH tokens, exceeding the 2% market cap threshold for Ethereum. The company’s total holdings include 2.83 million ETH tokens worth $4.5 billion, a strategic investment in Bitcoin (BTC) valued at $113 million, and unencumbered cash of $456 million. This positions BitMine as the #1 Ethereum treasury globally.